SBI Alert! If you do not do this before June 30, you will not be able to withdraw the money from the account.India’s largest state-owned bank SBI has come up with big news. If your account is also in SBI, make this change immediately, otherwise, there will be a big problem. Customers of SBI should pay special attention. Do this one job before June 30th, You can’t even withdraw money from the account
There is big news for all SBI customers and it is about PAN and Aadhaar card. The last date for linking PAN and Aadhaar cards in the bank is June 30. If you do not link by June 30, 2021, your account will be suspended.
SBI has informed about this by tweeting. News is collected from vtv news also. If you do not link the PAN card with Aadhaar by June 30, the PAN card will become inactive and will cause hassle to the customers in the transaction. At the same time, if the bank account is suspended, the money in the account will also be frozen. After which customers cannot even withdraw money. Also, no subsidy or benefit will be given on any government scheme
The Income Tax Department has fixed June 30, 2021, as the last date to link the PAN card with the Aadhaar card. If you do not do so by June 30, your PAN card will be deactivated and you will have to pay a penalty of Rs.1000 later when you go to reactivate it.
When to update KYC
Let me tell you that customers are rated based on their risk. High-risk customers need to update KYC once in 2 years and medium-risk customers need to update KYC once in 8 years.